Average: 0/3 Attempts: 0 1. Problem 18-01 eBook Problem 18-01 Profit or Loss on New Stock Issue Security Brokers Inc. specializes in underwriting new issues by small firms. On a recent offering of Beedles Inc., the terms were as follows Price to public: $5 per share Number ot shares: 3 million Proceeds to Beedles: $14,000,000 The out-of-pocket expenses incurred by Security Brokers in the design and distribution of the issue were $230,000. What profit or loss would Security Brokers incur if the issue were sold to the public at the following average price? a. $4.5 per share? Use minus sign to enter loss, if any. b. $6.5 per share? Use minus sign to enter loss, if any. C. $4 per share? Use minus sign to enter loss, if any